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August Energy Announces Negotiations to Purchase New Oilfield.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
 -- August Energy Corp, (PINK SHEETS:AENC AENC Association Executives of North Carolina ) announced today that the company has entered into negotiations to acquire the majority of the oil, gas and mineral rights of Pelahatchie Field, Rankin County, Misisissippi. Pelahatchie Field is a known oilfield situated near the company's operational headquarters of Puckett, Mississippi Puckett is a village in Rankin County, Mississippi, United States. The population was 354 at the 2000 census. Founded by the Puckett family from nearby Tishamingo, Mississippi in 1898.

The town's actual early founding is tied to Joshua R. Burnham (born 1845).
, twelve miles away.

Further details will be made available as they develop.

Mr. Jurgen Wolf, President

Certain information included in this communication (as well as information included in oral statements or other written statements made or to be made by August Energy Corp.) contain statements that are forward looking, such as statements related to the future anticipated direction of the oil and gas industry, plans for future expansion, various property development activities, planned capital expenditures, future funding resources, anticipated production and reserve growth. These forward-looking statements forward-looking statement

A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections.
 are subject to a number of known and unknown risks and uncertainties that could cause actual operations or results to differ materially from those anticipated.
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Publication:Business Wire
Date:Oct 29, 2004
Words:161
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